BG Group, through a partnership with Sahara Energy Exploration & Production Ltd., has been awarded a deepwater license off the western Niger Delta of Nigeria.
By OGJ editors HOUSTON, May 23 -- BG Group, through a partnership with Sahara Energy Exploration & Production Ltd., has been awarded a deepwater license off the western Niger Delta of Nigeria.
OPL 286-DO, previously OPL 213, is in 200-1,000 m of water about 250 km southeast of Lagos.
BG Exploration & Production Nigeria Ltd. will become block operator. Its work program includes drilling an exploration well in the first 5 years.
A signature bonus of $55 million is due upon signing of a production-sharing contract.
